Spielo to Showcase New Games and Products at the 2004 Global Gaming Expo
28 September 2004 - 12:00AM
PR Newswire (US)
Spielo to Showcase New Games and Products at the 2004 Global Gaming
Expo WEST GREENWICH, R.I. and MONCTON, CANADA, Sept. 27
/PRNewswire-FirstCall/ -- For the first time, Spielo, a GTECH
Company (NYSE:GTK), will exhibit new games and products at the 2004
Global Gaming Expo (G2E) in Las Vegas, Nevada, October 5-7, 2004.
Spielo will display its latest multi-denomination and
low-denomination games for the Aura(R) upright and the newly
introduced Aura slant top video slot machines. With more than a
decade of experience building high-quality video gaming machines,
Spielo has packed a wealth of expertise into the Aura product line.
Spielo has conducted extensive player and casino management
research to offer the latest in high-performance games and
well-engineered slot machines. "We anticipate our Gaming Solutions
unit will play a key role in GTECH's growth in the coming years,"
said GTECH President and CEO W. Bruce Turner. "Today, our primary
focus within Gaming Solutions is on expansion within the
government-sponsored video lottery terminal space. We intend to
pursue new opportunities domestically, as several U.S. states
continue to move closer to approving some type of video lottery
terminal legislation. We are also actively pursuing a number of
video lottery opportunities abroad, such as Europe and Latin
America." "Spielo is a vital element of GTECH's Gaming Solutions
business unit. GTECH's corporate experience and strengths combined
with Spielo's gaming technology provide a powerful partnership to
the worldwide gaming market," said GTECH Senior Vice President of
Gaming Solutions Marc A. Crisafulli. As commercial gaming continues
to grow in the United States, Spielo is well positioned to offer
new and exciting Class III games. Spielo will showcase a variety of
its top-of-the-line games including more than 20 Class III titles,
many of which are a low denomination offering. Spielo will
demonstrate five central-determination win (CDW) games that have
been successfully sold to California tribal casinos as instant
lottery products. The Company will also display a variety of newly
introduced casino titles as well as never before seen games. Spielo
will be highly visible at the 2004 Global Gaming Expo as the
exclusive sponsor of the newly launched G2E Experience. The G2E
Experience is a venue within the conference that allows
participants to view the New Product Showcase, the Product Demo
Theatre, the Cyber Caf�, and the Networking Lounge. Come see the
future of video gaming and slots at Spielo's booth # 5153. Certain
statements contained in this press release are forward looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934. The
Company identifies forward looking statements by words such as
"may," "will," "should," "could," "expect," "plan," "anticipate,"
"intend," "believe," "estimate," "continue," or similar words that
refer to the future. Such statements include, without limitation,
statements relating to the prospects and financial outlook for the
Company, which reflect management assumptions regarding: (i) the
future prospects for and stability of the lottery industry and
other businesses in which the Company is engaged or expects to be
engaged, (ii) the future operating and financial performance of the
Company (including, without limitation, expected future growth in
revenues, profit margins and earnings per share), and (iii) the
ability of the Company to retain existing business and to obtain
and retain new business. Such forward looking statements reflect
management's assessment based on information currently available,
but are not guarantees and are subject to risks and uncertainties
that could cause actual results to differ materially from those
contemplated in the forward looking statements. These risks and
uncertainties include, but are not limited to, those set forth
above, in the Company's subsequent press releases and on reports by
the Company on Forms 10-K, 10-Q and 8-K, and other reports and
filings with the Securities and Exchange Commission, as well as
risks and uncertainties respecting: (i) the potential impact of
extensive and evolving government regulations upon the Company's
business; (ii) the ability of the Company to continue to retain and
extend its existing contracts and win new contracts; (iii) the
possibility of slower than expected growth or declines in sales of
lottery and gaming goods and services by the Company or the
Company's customers; (iv) exposure to foreign currency
fluctuations; (v) risks and uncertainties inherent in doing
business in foreign jurisdictions; (vi) the relatively large
percentage of the Company's revenues attributable to a relatively
small number of the Company's customers; (vii) the possibility of
significant fluctuation of quarterly operating results; (viii) the
intensity of competition in the lottery and gaming industries; (ix)
the possibility of substantial penalties under and/or termination
of the Company's contracts; (x) the ability of the Company to
respond to technological change and to satisfy the future
technological demands of its customers; (xi) opposition to
expansion of lottery and gaming; (xii) the Company's ability to
attract and retain key employees; and (xiii) the possibility of
adverse determinations in pending legal proceedings. GTECH, a
leading global information technology company with over $1 billion
in revenues and more than 5,500 people in 45 countries, provides
software, networks, and professional services that power
high-performance, transaction processing solutions. The Company's
core market is the lottery industry, with a growing presence in
commercial gaming technology and financial services transaction
processing. For more information about the Company, please visit
GTECH's website at http://www.gtech.com/. Contact: Robert K.
Vincent Public Affairs GTECH Corporation 401-392-7452 DATASOURCE:
GTECH Holdings Corporation CONTACT: Robert K. Vincent, Public
Affairs of GTECH Corporation, +1-401-392-7452 Web site:
http://www.gtech.com/
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